Hedera Coin shows repeating market cycles, with analysts Steph Is Crypto and ChartNerd projecting a potential rebound.
Historical data reveals major declines followed by sharp recoveries, while ChartNerd’s analysis identifies a bullish flag pattern signaling a possible breakout toward $1.60–$1.80. HBAR trades near $0.18, consolidating amid short-term selling pressure.
Long-Term Cyclical Patterns Identified
Analyst Steph Is Crypto shared a detailed long-term view of Hedera Hashgraph, outlining recurring price structures across several market cycles. According to the chart, Hedera’s previous cycles experienced steep corrections of 78%, 93%, and 77% from key peaks, followed by robust rebounds. One of the most notable rebounds occurred after the 2020 bottom, where the token surged by 3,170%, signaling the potential for large-scale expansions following deep retracements.
HBARUSDT Chart | Source:x
Steph’s analysis indicates that it may now be entering a similar accumulation phase seen before past recoveries. The historical trend shows that after every deep correction, the token formed a base before initiating strong upward movements. The current pattern, as reflected on the weekly timeframe, suggests that the market could be searching for its next bottom zone, potentially setting the foundation for a future upward move once consolidation stabilizes.
Analyst Projects Ascending Channel Structure Through 2026
Analyst ChartNerd presented a complementary outlook, showing the asset trading within a long-term ascending channel stretching from 2020 through 2026. The structure features consistently higher lows along an ascending support and recurring resistance retests near the upper trendline. Within this setup, two bullish flag formations were observed, both leading to strong upward continuations in previous cycles.
HBARUSDT Chart | Source:x
ChartNerd’s latest projection suggests that the token is nearing the completion of another flag formation phase, resembling the setup before the 2021 breakout. If the altcoin breaks above the flag’s upper boundary, the next target ranges between $1.60 and $1.80. This move would align with the channel’s upper resistance and represents an approximate eightfold increase from present levels near $0.18.
Technical Outlook and Price Behavior
At the time of writing, Hedera trades at $0.18, recording a 5.7% decline in the past 24 hours. The price has gradually dropped from an intraday high near $0.19, reflecting mild selling pressure across market sessions.
Despite a trading volume exceeding $253 million, buying strength remains limited, allowing short-term bearish sentiment to dominate. The coin’s market capitalization stands at $7.57 billion, placing it at rank 29 among major cryptocurrencies.
HBARUSD 24-Hr Chart | Source: BraveNewCoin
Following a brief rebound earlier in the week, it continues to consolidate below its immediate resistance at $0.19–$0.20. The next critical support lies around $0.175, which served as a short-term floor during prior sessions. A break below this level could invite further testing near the $0.17 zone. For buyers to regain control, the token must reclaim and sustain momentum above $0.19, supported by increased trading volumes and renewed market participation.
Market Structure Suggests Potential for Recovery
Technical analysis from both analysts’ points toward a structurally bullish setup despite the recent short-term weakness. As long as Hedera maintains its trajectory within the ascending channel, the broader trend remains constructive. The recurring flag formations and historical percentage swings suggest the potential for a repeat of previous patterns that preceded extended rallies.
ChartNerd’s observation—captioned “Keep It Simple > $1.60/80”—summarizes the disciplined approach traders are adopting. The focus remains on maintaining support integrity within the established channel. If the asset holds above the trendline and breaks resistance, it could rally toward $1.60–$1.80, signaling a potential eightfold surge.